IFRS and EU Directives

National accounting laws and standards are depending on the EU adapting standards from International Financial Reporting Standards (IFRS) as well as EU directives.

There are a number of directives on EU Company Law, among others on mergers. Follow the link and you can find directives about mergers between companies within one single EU country as well as cross-border mergers, and also about division of companies within one single EU country.

Swedish Standards

There are two Swedish standards. One standard for mergers of wholly owned subsidiaries by absorption, and one standard for other mergers.

Two drafts with updates were decided on June 9, 2016, by the government authority The Swedish Accounting Standards Board (BFN). The drafts are open for comments until August 25, 2016, and yesterday I posted my comments to the BFN. Sorry, but the rest will be in Swedish…